More Questions on Indian Economy
- Q. How many Regional Rural Bank (RRBs) are working in the country till 31st March,2010?
A)81
B)85
C)82
D)93
Answer: 82
- Q. At present, the number of nationalized banks are:
A)17
B)15
C)19
D)12
Answer: 12
- Q. Fiscal deficit in the Union Budget means
A)net increase in Union Governments borrowings from the Reserve Bank of India
B)the sum of budgetary deficit and net increase in internal and external borrowings
C)the difference between current expenditure and current revenue
D)the sum of monetized deficit and budgetary deficit
Answer: the sum of budgetary deficit and net increase in internal and external borrowings
- Q. Fiscal deficit in the Union Budget means
A)net increase in Union Governments borrowings from the Reserve Bank of India
B)the difference between current expenditure and current revenue
C)the sum of budgetary deficit and net increase in internal and external borrowings
D)the sum of monetized deficit and budgetary deficit
Answer: the sum of budgetary deficit and net increase in internal and external borrowings
- Q. Who gave the call for Evergreen Revolution?
A)Verghese Kurien
B)Tribhuvandas Patel
C)M. S. Swaminathan
D)H. M. Dalaya
Answer: M. S. Swaminathan
- Q. Redistribution polices geared to reduce economic inequalities include
A)land reforms
B)rural development policies
C)progressive tax policies
D)All the above
Answer: All the above
- Q. India changed over to the decimal system of coinage in
A)April 1957
B)April 1958
C)April 1995
D)April 1959
Answer: April 1957
- Q. The first wholly Indian Bank was set up in
A)1894
B)1896
C)1794
D)1902
Answer: 1894
- Q. The largest producer of Coffee in the country is:
A)Tamil Nadu
B)Andhra Pradesh
C)Kerala
D)Karnataka
Answer: Karnataka
- Q. Meera Seth committee was associated with:
A)sex discrimination at work place
B)the development of handloom industry.
C)female foeticide
D)banking sector
Answer: the development of handloom industry.
- Q. The main rubber producing state in the country is:
A)Tamil Nadu
B)Karnataka
C)Kerala
D)Hyderabad
Answer: Kerala
- Q. Since 1983, the RBI’s responsibility with respect to regional rural banks was transferred to
A)SBI
B)ARDC
C)NABARD
D)PACs
Answer: NABARD
- Q. If the fiscal deficit of the Union Government is Rs. 75,000 crores relending to State is Rs. 25,000 crores, interest payments are Rs. 25,000 crores, what is the amount of the primary deficit?
A)Rs. 25,000 crores
B)Rs. 50,000 crores
C)Rs. 1,00,000 crores
D)Rs. 1,25,000 crores
Answer: Rs. 50,000 crores
- Q. Gilt-edged market means
A)market of government securities
B)market of guns
C)bullion market
D)market of pure metals
Answer: market of government securities
- Q. Devaluation of a currency means
A)reduction in external value/exchange value of currency by the government
B)fall in exchange value of a country by market forces
C)reduction in currency value due to wear and tear
D)all of the above
Answer: reduction in external value/exchange value of currency by the government
- Q. Redistribution polices geared to reduce economic inequalities include
A)land reforms
B)progressive tax policies
C)rural development policies
D)All the above
Answer: All the above
- Q. In April 1980 how many banks were nationalized?
A)eight banks
B)six banks
C)five banks
D)nine banks
Answer: six banks
- Q. As per the targets of 11th Five year Plan (2007-12) Mortality Rate (2012) has been targeted at:
A)1 per 10000 births
B)1 per 1000 births
C)1 per 100 births
D)1 per 10 births
Answer: 1 per 1000 births
- Q. The national food for work programme was launched in:
A)April 2003
B)May 2002
C)November 2004
D)April 2000
Answer: November 2004
- Q. Whose name is associated with formulation of planning strategy in Second five Year plan?
A)Jawahar Lal Nehru
B)Prasanta Chandra Mahalanobis
C)Mahatma Gandhi
D)B.R. Shenoy
Answer: Prasanta Chandra Mahalanobis
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